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According to the public record, 41, Shotley Gardens, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,126 ft2 of internal area and sits on a 421 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Shotley Gardens, Gateshead is £328,849 and the estimated rental value is £2,182 per month.
Shotley Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
41, Shotley Gardens, Gateshead has 21 entries in the Land Registry , most recently in March 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Shotley Gardens, Gateshead is in very good condition we estimate a sale value of £345,291 and a rental value of £2,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,829 and a rental value of £2,029 per month.
Over the last 12 months the sale value of 41 Shotley Gardens Gateshead has increased by an estimated £9,793 (3.0%) and its rental value has increased by an estimated £99 per month (4.5%), giving an expected gross yield of 8%.
According to data from HM Land Registry, 41, Shotley Gardens, Gateshead sits on a plot of 421m2.
We have plot size data on 45 out of 48 other houses in the postcode and 41, Shotley Gardens, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 41, Shotley Gardens, Gateshead was last sold on 30th March 2009 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2009, the market for similar properties has dropped 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Shotley Gardens, Gateshead within a radius of 490 metres over the last 2 years.
The most recent example is 53, Shotley Gardens, Gateshead, NE9 5DP, a freehold house which sold for £365,000 on the 5th November 2020.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shotley Gardens, Gateshead, NE9 has a total of 48 addresses. According to our analysis of all the public data, 41, Shotley Gardens, Gateshead is the 22nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in NE9.
The closest station to 41, Shotley Gardens, Gateshead is Heworth station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 41, Shotley Gardens, Gateshead, 46.4% of property is privately owned outright and 45.5% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 41, Shotley Gardens, Gateshead, 22.5% of residents are recorded as possessing school level qualifications and 46.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 41, Shotley Gardens, Gateshead, the average age was 43.8 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 41, Shotley Gardens, Gateshead, 1.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 41, Shotley Gardens, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
